Mohammad Abdul Majid CAMS
About
Mohammad Abdul Majid CAMS is from Dhaka, Bangladesh. Mohammad Abdul works in the following industries: "Banking". Mohammad Abdul is currently Senior Vice President & Head of Financial Institutions, Trade Services and NRB Remittance Services at Shahjalal Islami Bank Ltd, located in Dhaka, Bangladesh. In Mohammad Abdul's previous role as a Head of Financial Institutions, Trade Services and NRB Remittance Services at Shahjalal Islami Bank Ltd, Mohammad Abdul worked in Dhaka, Bangladesh until Jun 2021. Prior to joining Shahjalal Islami Bank Ltd, Mohammad Abdul was a Deputy Head of Financial Institutions, Trade Services and NRB Remittance Services at Shahjalal Islami Bank Ltd and held the position of Deputy Head of Financial Institutions, Trade Services and NRB Remittance Services at Dhaka, Bangladesh. Prior to that, Mohammad Abdul was a First Assistant Vice President at Mercantile Bank Limited, based in Dhaka, Bangladesh from Jul 2010 to Mar 2011. Mohammad Abdul started working as SRM, Correspondent Banking at National Bank Limited in Dhaka, Bangladesh in Jul 2008. From Jul 2005 to Jul 2008, Mohammad Abdul was Chief FX Dealer, Treasury at National Bank Limited, based in Dhaka, Bangladesh. Prior to that, Mohammad Abdul was a Manager FX, Treasury Back Office at National Bank Limited, based in Dhaka, Bangladesh from Jul 2004 to Jun 2005. Mohammad Abdul started working as Officer, Foreign Trade at National Bank Limited in Pabna Branch, Pabna in Apr 2003.
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Mohammad Abdul Majid CAMS's current jobs
Major Responsibilities: • Guiding, supervising and facilitating the Authorized Dealer Branches, Trade Service Units, Offshore Banking Unit of the Bank to carry out trade services smoothly. • Maintaining correspondent relationship with reputed banks/FIs/DFIs globally to avail correspondent banking services and facilities. • Maintaining relationship with overseas money transfer companies to enhance low of NRB Remittances through the Bank. • Liaise with the Central Bank and other regulators for obtaining necessary functional permissions and other regulatory services smoothly. • Ensuring Regulatory compliance related to trade operation of the Bank.
Mohammad Abdul Majid CAMS's past jobs
Major Responsibilities: • Guiding, supervising and facilitating the Authorized Dealer Branches, Trade Service Units, Offshore Banking Unit of the Bank to carry out trade services smoothly. • Maintaining correspondent relationship with reputed banks/FIs/DFIs globally to avail correspondent banking services and facilities. • Maintaining relationship with overseas money transfer companies to enhance low of NRB Remittances through the Bank. • Liaise with the Central Bank and other regulators for obtaining necessary functional permissions and other regulatory services smoothly. • Ensuring Regulatory compliance related to trade operation of the Bank. Key Achievements: • Set up of centralized Trade Processing Units to facilitate trade portfolio of Non-AD Branches. • Enhanced Lines of Credit from USD 200M to USD 500M and established new Correspondent Relationship with reputed banks. • Established new Remittance Drawing Arrangement with 17 reputed MTOs since 2011.
Major Responsibilities: • Acting as the Incharge of Financial Institutions. • Managing Operations of the division. • House Keeping. • Ensuring regulatory compliances related to trade operation of the Bank. Key Achievements: • Acting as the key person to set the centralized trade Processing Units. • Set up of offshore banking Unit at Shahjalal Islami Bank Ltd.
Major Responsibilities: • Managing the operations of Offshore Banking and overseas subsidiary. • Prepared the business projection, operations policy & guidelines for the proposed ventures. • Looked after the affairs of correspondent banking Key Achievements: • Set up of offshore banking units.
Major Responsibilities: • Looked after the affairs of correspondent banking and overseas operations. • Arranging credit lines to accommodate import L/Cs in terms of volume & amount. • Assisting and monitoring utilization of larger credit lines e.g. ADB TFP. • Establishment of RMA with correspondents across the world. • Managing Bankers Almanac and exchanging AML/KYC compliance documentations. • Establishment of drawing arrangement with the overseas Exchange House/Banks to channelize the remittance business. • Establishment of sub agency arrangement with the local Banks & similar organization to disburse the homebound remittance. • Follow up, monitor & nurture of the relationship with the Exchange House/Banks. • Negotiation on different Commissions in engagement of business. Key Achievements: • Acquisition of Worldlink Payment Foundation SA, renamed as NBL Money Transfer Payment Foundation SA, Greece. • Floating of NBL Money Transfer Sdn Bhd, Malaysia • Acquisition of Balaka Exchange Pte Ltd and renamed as NBL Money Transfer Pte Ltd, Singapore. • Set up of offshore banking unit.
Role: Chief FX Dealer, Treasury, 2005-2007 Dimension of this role: It’s a Desk Incharge position under the division. Major Responsibilities: • Preparing and Circulation of Exchange Rate and FC interest rate for customers. • Trading of Cross Currency within regulatory limits. • Covering Spot and forward position arising from Import/Export/Remittance. • Preparation of daily profit and loss position. • Revaluation of Exchange Position.
Major Responsibilities: • Treasury Operations Input, verification and settlement of deals. • Preparation of Exchange Position & Global Position. • Fund management including ACU funding. • Preparation of currency positions and revaluation. • Rate appropriateness function for all deals done. • Managing discrepancies and disputes. Claim/ pay good value date effect of late settlements. • Nostro A/c Reconciliation. • Regulatory Reporting and MIS
Major Responsibilities: • Opening of Import LC, Drafting & transmitting LC over Telex, Documents Scrutiny, Lodgment & Payment. • Operation of Inward & outward Remittances. • Preparing and submission of various Return/statements.
Major Responsibilities: • General Banking – Account Opening, Transfer of A/c, Posting of Cheques & Deposit slip and passing related entries. Issuing instruments for remittance and passing related entries. Reconciliation of Inter-Branch Transactions. • Bills Collection and Clearing instruments by attending at the Clearinghouse and passing related entries. • Cash Department – Receipt of Cash and payment of cash against cheques. Passing relevant entries and maintaining cash books. • Dispatch – managing inward and outward register.